The difference between a temporary restraining order (TRO) and a preliminary injunction seems fairly subtle. In litigation cases, the terms sometimes get used interchangeably. Both a TRO and a preliminary injunction provide a remedy for an allegedly aggrieved party...
In order to cancel a preliminary injunction or temporary restraining order bond, the Principal needs to submit specific evidence to the Surety. The cancellation evidence needs to demonstrate the court has either made the injunction permanent or discontinued the...
When a bond applicant submits an application, the applicant must also submit relevant court papers for most of the bonds we issue. The court documents are a necessary part of the underwriting process. Underwriters and producers need to fully examine and understand the...
Injunction bonds are necessary for some litigation proceedings. Simply put, an injunction is an order from a court requiring a party to do, or not do, a particular activity. The injunction bond protects the restrained party from damages in the event the court later...